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Stock Market & Financial Investment News

News Breaks
June 9, 2014
16:58 EDTMMM3M Company appoints Nicholas Gangestad as CFO
On June 9, 3M Company issued a press release announcing the appointment of Nicholas C. Gangestad as SVP and CFO, effective immediately. Gangestad replaces David W. Meline who is leaving the company to take a position as CFO at another large publicly-traded company. Gangestad has served as the company’s Vice President, Corporate Controller and Chief Accounting Officer since April 2011. Prior to that, Mr. Gangestad had served as Director of Corporate Accounting from 2007 to March 31, 2011 and as Director of Finance and I.T., 3M Canada from 2003 to 2007.
News For MMM From The Last 14 Days
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July 24, 2014
09:25 EDTMMM3M Company sees FY gross share repurchases $4.5B-$5B
Previously expected $4B-$5B in gross share repurchases. Sees FY CapEx $1.5B-$1.6B. Comments made on the Q2 earnings conference call.
08:21 EDTMMM3M Company sees Sumitomo 3M deal closing September 1
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07:34 EDTMMM3M Company reaffirms 2014 EPS outlook $7.30-$7.55, consensus $7.47
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07:33 EDTMMM3M Company reports Q2 EPS $1.91, consensus $1.91
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July 23, 2014
15:30 EDTMMMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Ford (F), consensus 36c; General Motors (GM), consensus 58c; Potash (POT), consensus 46c; Caterpillar (CAT), consensus $1.52; 3M (MMM), consensus $1.91; Union Pacific (UNP), consensus $1.43; Bristol-Myers Squibb (BMY), consensus 44c; Eli Lilly (LLY), consensus 65c; Celgene (CELG), consensus 89c; Precision Castparts (PCP), consensus $3.35; Raytheon (RTN), consensus $1.59; Noble Energy (NBL), consensus 79c; Hershey (HSY), consensus 76c; Southwest Airlines (LUV), consensus 61c; Boston Scientific (BSX), consensus 19c; JetBlue (JBLU), consensus 19c.
July 22, 2014
13:10 EDTMMM3M Company July weekly volatility elevated into Q2 and outlook
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July 16, 2014
05:33 EDTMMM3M to acquire Sumitomo Electric interest in Sumitomo 3M for $885M
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